Business Update8 Oct 2026, 05:30 pm
NCC Ltd Wins ₹1,286 Cr Road Project in Telangana
AI Summary
NCC Ltd has announced the receipt of a significant Letter of Acceptance dated October 8, 2026, from Hyderabad Growth Corridor Limited for the construction of Radial Road-2 in Telangana. The project involves building the road from Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N, specifically Package-1 from Budwel to Shabad. The contract value is ₹1,286.03 Crore, excluding GST, and the execution period is estimated to be 18 months. This order is from a domestic entity and does not involve any interest from NCC's promoters or group companies.
Key Highlights
- NCC Ltd secured a major construction order worth ₹1,286.03 Crore.
- The project involves building Radial Road-2 in Telangana.
- Execution timeline for the project is 18 months.
- The order is from a domestic entity, Hyderabad Growth Corridor Limited.
- No promoter or group company interest in the awarding entity.
Price Impact
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